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The Recent Discovery of a Significant Amount of Shale Oil

Question 9

Multiple Choice

The recent discovery of a significant amount of shale oil in the U.S. that can be exported will shift the:


A) supply of U.S. currency to the right and lead to a currency depreciation.
B) supply of U.S. currency to the right and lead to a currency appreciation.
C) demand for U.S. currency to the left and lead to a currency depreciation.
D) demand for U.S. currency to the right and lead to a currency appreciation.

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